Data Aggregation

Software for Aggregating Fund Data from Morningstar, Preqin, Bloomberg

Most investment teams license more than one data provider, and each one describes funds in its own way. This page explains what goes wrong when the data is combined by hand, what aggregation software has to do, and how AlternativeSoft brings the sources into one universe.

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This page covers:Why aggregation is hardWhat the software must doSources supportedWhere the data goes next
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Aberdeen Asset Management•AllianceBernstein•BNP Paribas•Bessemer Trust•Raiffeisen Capital Management•Unigestion•Lyxor Asset Management•Kedge Capital•Lumyna Investments•Progressive Capital•Aberdeen Asset Management•AllianceBernstein•BNP Paribas•Bessemer Trust•Raiffeisen Capital Management•Unigestion•
In short
AlternativeSoft aggregates fund data from Morningstar, Preqin, Bloomberg and other providers into one database of 500,000+ funds. The data is mapped, cleaned and updated automatically, and it feeds straight into screening, peer group analysis, portfolio management and reporting.

Why Aggregating Fund Data Is Hard

  • Identifiers do not match: The same fund carries different codes and slightly different names in each database.
  • Share classes multiply: One strategy can appear as dozens of records across currencies and fee structures.
  • Frequencies differ: Mutual funds price daily, hedge funds report monthly and private equity reports quarterly.
  • Fields are not equivalent: Strategy classifications, asset figures and fee data follow each provider's own definitions.
  • Updates arrive at different times: A spreadsheet that was correct last week is already out of date.

What Aggregation Software Has to Do

  1. Connect directly: Pull data from each provider through its feed or API, with no manual exports.
  2. Map and de-duplicate: Recognise the same fund across sources and keep one record.
  3. Normalise: Align currencies, return frequencies and classifications so funds can be compared.
  4. Update automatically: Refresh as providers publish, and keep a history of what changed.
  5. Feed the analysis: Make the combined data available to screening, peer groups, portfolios and reports.

Sources You Can Bring Together

SourceTypically used for
MorningstarMutual funds and ETFs
Preqin and PitchbookPrivate equity and private markets
BloombergMarket data, indices and fund data
HFR and eVestmentHedge funds and institutional strategies
Albourne and BackstopResearch and internal records
Excel and SQLYour own holdings, notes and proprietary data

AlternativeSoft connects the data you are licensed to use. A separate licence with each data provider is required. Product names are trademarks of their owners, and AlternativeSoft is not affiliated with or endorsed by them.

Where the Aggregated Data Goes Next

Fund Search
Screen the combined universe with 4,000+ statistics
Peer Group Analysis
Compare a fund with peers drawn from every source at once
Style Analysis
Run factor analysis on any fund in the universe
Portfolio Management
Track returns, exposures and risk across all holdings
Reporting
Fact sheets and committee packs built from one data set
Power BI and Excel API
Send the cleaned data to your own dashboards and models

What Changes for the Team

Analysts stop reconciling spreadsheets and start from a universe that is already consistent. Peer groups can mix funds from different databases. Reports draw on one set of numbers, so the figure in the committee pack matches the figure in the risk report.

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Client Testimonials

Trusted by 150+ Leading Institutions

“

AlternativeSoft streamlines many useful performance-based analytics including portfolio optimisation, peer evaluation, and relative analyses. An intuitive platform that is additive to our processes.

Aberdeen Asset Management
Head of Risk Management
★★★★★
“

A practical and user-friendly tool used as part of our portfolio construction and risk management process. Their extensive support and responsiveness provides real added value.

AllianceBernstein
Co-head, Risk Management & Portfolio Construction
★★★★★
“

From statistical analysis on a single hedge fund to portfolio construction, risk analysis and stress testing - one of the most effective and intuitive tools I have handled.

BNP Paribas
Hedge Fund Solutions
★★★★★
Best Risk Management Software
Hedgeweek - 4 Consecutive Years
Best Portfolio Analytics Platform
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Recognised since 2005
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FAQ

Frequently Asked Questions

Fund analytics platforms such as AlternativeSoft connect directly to Morningstar, Preqin, Bloomberg and other providers and combine the data into one database for analysis and reporting.
Aggregated data saves reconciliation time, reduces manual errors and allows funds from different databases to be compared on the same basis.
In AlternativeSoft, data is updated automatically as each provider publishes, so the universe does not depend on manual exports.
Yes. AlternativeSoft connects the data you are licensed to use. A separate licence with each provider is required.
Yes. AlternativeSoft connects to Excel files and SQL databases, so internal holdings, notes and proprietary data sit alongside vendor data.
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See AlternativeSoft
in Action

Join 150+ institutional investors who rely on AlternativeSoft to select and monitor funds. Book a personalised demo with our team today.

  • Live walkthrough of the full platform
  • Tailored to your asset class - hedge funds, mutual funds or private markets
  • Q&A with our investment analytics specialists
  • Free trial access available following the demo
  • Dedicated onboarding and implementation support
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Data integrations include:
BloombergeVestmentMorningstarPreqinPitchbookHFR

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